Venafi Study: Financial Services Firms More Vulnerable to Certificate-Related Outages
Summary
SALT LAKE CITY--(BUSINESS WIRE)--Venafi®, the leading provider of machine identity protection, today announced the results of a study examining the scale and frequency of certificate-related outages in financial services organizations. Over 100 chief information officers (CIOs) in the financial services industry from the U.S., U.K., France, Germany and Australia participated in the study. “Organizations from every sector struggle with certificate-related outages on critical infrastructure, but it’s clear that these issues are even more pronounced in the financial services industry,” said Kevin Bocek, vice president of security strategy and threat intelligence for Venafi. As a result, financial services organizations rely on machine identities to secure and protect a wide range of business-critical, machine-to-machine communication. Venafi protects machine identity types by orchestrating cryptographic keys and digital certificates for SSL/TLS, IoT, mobile and SSH.